Similar to its surrounding areas, it is somewhat less expensive compared to the United States as a whole. It's somewhat less expensive compared to the city of Charlotte.
Home prices
The value of the median home in Troutman is $197,600. In comparison to nearby areas this is is very similar.It is about $19,900 (9%) lower compared to the rest of the nation, and is approximately $22,700 (10%) lower in comparison to the city of Charlotte.
Rents
Troutman's median rent is $1,056 per month. In comparison to its nearby areas it is about $235 (28%) higher.It is is very similar compared to the United States as a whole, and in comparison to the city of Charlotte is roughly $79 (6%) lower.
Nearby places
Statesville
Statesville is about 6 miles north from Troutman. Its housing prices are a little less expensive. The median home in Statesville costs $151,800, which works out to $45,800 (30%) lower than Troutman. Rents there are significantly less expensive. In Statesville the median monthly rent is $739, which comes out to $317 (42%) lower than Troutman.
Mooresville
Mooresville is roughly 7 miles south of Troutman. The housing prices there are a little more expensive. The median home price in Mooresville is $232,700, which works out to $35,100 (15%) higher than Troutman. The rent there is similar. In Mooresville the median rent is $1,108 a month, which comes out to $52 (4%) higher than Troutman.
Lake Norman of Catawba
Lake Norman of Catawba is roughly 8 miles southwest from Troutman. Its real estate prices are significantly more expensive. Lake Norman of Catawba's median home price is $385,700, which is $188,100 (48%) higher than Troutman. The rent there is somewhat less expensive. The median monthly rent in Lake Norman of Catawba is $831, which comes out to $225 (27%) lower than Troutman.
Catawba
Catawba is approximately 9 miles west from Troutman. Housing prices there are substantially less expensive. Catawba's median home price is $104,500, which is $93,100 (89%) lower than Troutman. Rent there is significantly less expensive. Catawba's median monthly rent is $764, which comes out to $292 (38%) lower than Troutman.
Cleveland
Cleveland is roughly 10 miles east from Troutman. The real estate prices there are significantly less expensive. The median home in Cleveland is valued at $120,100, which comes out to $77,500 (64%) lower than Troutman. Rents there are substantially less expensive. The median monthly rent in Cleveland is $663, which comes out to $393 (59%) lower than Troutman.
